----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
      name:  <unnamed>
       log:  D:\Vicard\VV\re\inprogress\BRV\results\Table5.log
  log type:  text
 opened on:  29 Sep 2017, 17:32:20

. 
. ***********
. * TABLE 5 *
. ***********
. 
. use "$Output\balanced_export_fe", replace

. tsset ijk year
       panel variable:  ijk (unbalanced)
        time variable:  year, 1996 to 2005, but with gaps
                delta:  1 unit

. 
. g age_ele1_diff         = diff*age_ele1

. g age_ele1_prior        = res_fe_qty*age_ele1

. 
. * pooled prob *
. reghdfe exit_f1 res_fe_qty age_ele1_diff diff age_ele1 age_ele1_prior, absorb(a=ikt b=jkt) vce(cluster ijk) 
(dropped 228099 singleton observations)
(converged in 53 iterations)
(converged in 65 iterations)

HDFE Linear regression                            Number of obs   =  4,885,284
Absorbing 2 HDFE groups                           F(   5,1278993) =   37854.10
Statistics robust to heteroskedasticity           Prob > F        =     0.0000
                                                  R-squared       =     0.5526
                                                  Adj R-squared   =     0.3703
                                                  Within R-sq.    =     0.0691
Number of clusters (ijk)     =  1,278,994         Root MSE        =     0.3409

                              (Std. Err. adjusted for 1,278,994 clusters in ijk)
--------------------------------------------------------------------------------
               |               Robust
       exit_f1 |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
---------------+----------------------------------------------------------------
    res_fe_qty |   -.096736   .0006433  -150.37   0.000    -.0979969   -.0954751
 age_ele1_diff |   .0012767   .0001361     9.38   0.000       .00101    .0015434
          diff |  -.0444681   .0006152   -72.28   0.000    -.0456739   -.0432623
      age_ele1 |  -.0223541   .0001207  -185.26   0.000    -.0225906   -.0221176
age_ele1_prior |   .0041933    .000138    30.39   0.000     .0039228    .0044638
--------------------------------------------------------------------------------

Absorbed degrees of freedom:
-----------------------------------------------------------------+
   Absorbed FE |  Num. Coefs.  =   Categories  -   Redundant     | 
---------------+-------------------------------------------------|
           ikt |       858621          858621              0     | 
           jkt |       555901          580157          24256     | 
-----------------------------------------------------------------+

. predict proba, xbd
(781,887 missing values generated)

.         
. rename proba proba_pooled

. keep siren country prod year proba_pooled 

. sort siren country prod year

. save $Output\proba_exit_pooled, replace
file data\output\proba_exit_pooled.dta saved

. 
. foreach def in ele1 {
  2. use $Output\dataset_brv_fe, clear
  3. global condition  "entry_ele!=1994 & entry_ele!=1995"
  4. * merge proba exit
. merge 1:1 siren country prod year using $Output\proba_exit_pooled
  5. keep if _m==3
  6. drop _m
  7.         
. centile proba_pooled , c(1(1)99) 
  8. 
. local nc : word count `r(centiles)' 
  9. qui forval i = 1/`nc' { 
 10. local list "`list'`r(c_`i')'," 
 11. } 
 12. su proba_pooled, meanonly 
 13. 
. gen cproba_pooled = recode(proba_pooled,`list'`r(max)') 
 14. 
. tab cproba_pooled, gen(bin)
 15. 
. 
. foreach var in diff {
 16. 
.         * Olsen linear version (Olsen, 1980)
.         eststo: reg dprior `var' age_`def'                                         proba_pooled if $condition, r cluster(i)
 17.         eststo: reg dprior `var' age_`def' `var'_`def' proba_pooled if $condition, r cluster(i)
 18.         eststo: reg dprior `var' age_`def' `var'_`def' proba_pooled if $condition, vce(bootstrap) 
 19.         eststo: reg dprior `var'_`def'_* `def'_*           proba_pooled if $condition, r cluster(i)
 20. 
.         *semi parametric version (Coslett, 1991)                
.         eststo: reg dprior `var' age_`def'                                         bin* if $condition, r cluster(i)
 21.         eststo: reg dprior `var' age_`def' `var'_`def' bin* if $condition, r cluster(i)
 22.         eststo: reg dprior `var' age_`def' `var'_`def' bin* if $condition, vce(bootstrap) 
 23.         eststo: reg dprior `var'_`def'_* `def'_*           bin* if $condition, r cluster(i)
 24. 
.         set linesize 250
 25.         esttab, mtitles drop(_cons bin*) b(%5.3f) se(%5.3f) compress r2 starlevels(c 0.1 b 0.05 a 0.01)  se 
 26.         esttab, mtitles drop(_cons bin*) b(%5.3f) se(%5.3f) r2  starlevels({$^c$} 0.1 {$^b$} 0.05 {$^a$} 0.01) se tex label  title() 
 27.         eststo clear
 28.         
.         }
 29. }

    Result                           # of obs.
    -----------------------------------------
    not matched                     1,408,206
        from master                 1,408,206  (_merge==1)
        from using                          0  (_merge==2)

    matched                         5,667,171  (_merge==3)
    -----------------------------------------
(1,408,206 observations deleted)

                                                       -- Binom. Interp. --
    Variable |       Obs  Percentile    Centile        [95% Conf. Interval]
-------------+-------------------------------------------------------------
proba_pooled | 4,885,284          1   -.2264187       -.2269045   -.2259493
             |                    2   -.1875814       -.1879275   -.1872411
             |                    3   -.1637914       -.1640751   -.1634688
             |                    4   -.1461441       -.1464362   -.1458735
             |                    5    -.131835       -.1320889   -.1315775
             |                    6   -.1195627       -.1197847   -.1193268
             |                    7   -.1089658       -.1092049   -.1087389
             |                    8   -.0993888       -.0996019   -.0991647
             |                    9   -.0906177       -.0908302   -.0903846
             |                   10   -.0825175       -.0827305   -.0822995
             |                   11   -.0749214       -.0751323   -.0747215
             |                   12   -.0678415       -.0680468   -.0676363
             |                   13   -.0610117       -.0612189    -.060813
             |                   14   -.0545329       -.0547269   -.0543393
             |                   15   -.0483397       -.0485306   -.0481572
             |                   16   -.0423701       -.0425653   -.0421771
             |                   17    -.036592       -.0367794   -.0364032
             |                   18   -.0309689       -.0311572   -.0307806
             |                   19   -.0254139       -.0256145    -.025226
             |                   20   -.0199922       -.0201801    -.019806
             |                   21   -.0146656       -.0148535   -.0144783
             |                   22    -.009376       -.0095725   -.0091798
             |                   23   -.0041636        -.004347   -.0039692
             |                   24    .0009554        .0007612    .0011556
             |                   25    .0060726        .0058688    .0062756
             |                   26    .0112397        .0110394    .0114327
             |                   27    .0163668         .016166    .0165581
             |                   28    .0214916        .0212762    .0217024
             |                   29    .0266736        .0264653    .0268874
             |                   30    .0319078        .0316965     .032122
             |                   31    .0371698        .0369577    .0373873
             |                   32    .0424872        .0422637    .0427068
             |                   33    .0478866        .0476533    .0481143
             |                   34    .0533822        .0531478    .0536214
             |                   35    .0589448        .0587156     .059187
             |                   36     .064619        .0643737    .0648589
             |                   37    .0703627        .0701177    .0706125
             |                   38    .0762755        .0760185    .0765351
             |                   39    .0823116        .0820442    .0825821
             |                   40    .0884529        .0881875     .088721
             |                   41    .0947211        .0944466    .0949961
             |                   42    .1011289        .1008389    .1014127
             |                   43    .1076375         .107341    .1079231
             |                   44    .1143096        .1140019    .1146003
             |                   45    .1211597        .1208503    .1214607
             |                   46    .1281361        .1278248    .1284484
             |                   47    .1353009        .1349806    .1356273
             |                   48    .1426327        .1423048    .1429609
             |                   49    .1501105        .1497752    .1504458
             |                   50    .1577599        .1574213    .1581011
             |                   51    .1655835        .1652298    .1659241
             |                   52    .1735326        .1731738    .1738941
             |                   53    .1816972        .1813295    .1820651
             |                   54    .1899982        .1896245    .1903731
             |                   55    .1985705        .1982024    .1989582
             |                   56    .2073035        .2069248    .2076881
             |                   57    .2161085        .2157188    .2165008
             |                   58    .2252468        .2248437    .2256475
             |                   59    .2344324        .2340228    .2348336
             |                   60    .2439569         .243532    .2443598
             |                   61    .2536785        .2532516    .2541035
             |                   62    .2635317        .2630976    .2639677
             |                   63    .2736544        .2732312    .2740937
             |                   64    .2840356        .2836139    .2844877
             |                   65    .2947348        .2942726    .2951929
             |                   66    .3056358        .3051772     .306099
             |                   67    .3168033        .3163352    .3172669
             |                   68      .32827        .3277954    .3287582
             |                   69    .3400404        .3395513    .3405333
             |                   70    .3520588        .3515596    .3525545
             |                   71    .3644433        .3639337     .364947
             |                   72    .3771406        .3766211     .377655
             |                   73    .3902359        .3897084    .3907677
             |                   74    .4037081         .403178    .4042226
             |                   75     .417565        .4169912    .4180938
             |                   76    .4317683         .431231    .4323241
             |                   77    .4464162        .4458355    .4469614
             |                   78    .4616223         .461049    .4622028
             |                   79    .4772684        .4766874    .4778498
             |                   80    .4936686        .4930649    .4942663
             |                   81     .510766        .5101613    .5113578
             |                   82    .5285751          .52794    .5291998
             |                   83    .5473379        .5466952    .5479749
             |                   84    .5671001        .5664087    .5677534
             |                   85    .5883129        .5876383     .589008
             |                   86    .6111432        .6104282    .6118856
             |                   87    .6357272         .634973    .6365164
             |                   88    .6627565        .6619315    .6635746
             |                   89     .692771        .6919043    .6936128
             |                   90    .7264037         .725487    .7273871
             |                   91    .7646195        .7635789    .7656751
             |                   92    .8077516        .8066638    .8088598
             |                   93    .8552965         .854215    .8563882
             |                   94    .9012536        .9002822    .9021642
             |                   95    .9416802        .9410017    .9424016
             |                   96    .9767885        .9761737     .977353
             |                   97    1.010179        1.009669      1.0107
             |                   98    1.048787        1.048211    1.049356
             |                   99    1.108353        1.107613    1.109084
(781,887 missing values generated)

cproba_pool |
         ed |      Freq.     Percent        Cum.
------------+-----------------------------------
  -.2264187 |     48,852        1.00        1.00
  -.1875813 |     48,853        1.00        2.00
  -.1637914 |     48,853        1.00        3.00
  -.1461441 |     48,853        1.00        4.00
   -.131835 |     48,853        1.00        5.00
  -.1195627 |     48,853        1.00        6.00
  -.1089658 |     48,852        1.00        7.00
  -.0993888 |     48,853        1.00        8.00
  -.0906177 |     48,853        1.00        9.00
  -.0825175 |     48,853        1.00       10.00
  -.0749214 |     48,853        1.00       11.00
  -.0678415 |     48,853        1.00       12.00
  -.0610116 |     48,853        1.00       13.00
  -.0545329 |     48,852        1.00       14.00
  -.0483397 |     48,853        1.00       15.00
  -.0423701 |     48,853        1.00       16.00
   -.036592 |     48,853        1.00       17.00
  -.0309689 |     48,853        1.00       18.00
  -.0254139 |     48,853        1.00       19.00
  -.0199922 |     48,853        1.00       20.00
  -.0146656 |     48,852        1.00       21.00
   -.009376 |     48,853        1.00       22.00
  -.0041636 |     48,853        1.00       23.00
   .0009554 |     48,853        1.00       24.00
   .0060726 |     48,853        1.00       25.00
   .0112397 |     48,853        1.00       26.00
   .0163668 |     48,852        1.00       27.00
   .0214916 |     48,853        1.00       28.00
   .0266736 |     48,853        1.00       29.00
   .0319078 |     48,853        1.00       30.00
   .0371698 |     48,853        1.00       31.00
   .0424872 |     48,853        1.00       32.00
   .0478866 |     48,853        1.00       33.00
   .0533822 |     48,852        1.00       34.00
   .0589448 |     48,853        1.00       35.00
    .064619 |     48,853        1.00       36.00
   .0703627 |     48,853        1.00       37.00
   .0762755 |     48,853        1.00       38.00
   .0823116 |     48,853        1.00       39.00
   .0884529 |     48,852        1.00       40.00
   .0947211 |     48,853        1.00       41.00
   .1011289 |     48,853        1.00       42.00
   .1076375 |     48,853        1.00       43.00
   .1143096 |     48,853        1.00       44.00
   .1211597 |     48,853        1.00       45.00
   .1281361 |     48,853        1.00       46.00
   .1353009 |     48,852        1.00       47.00
   .1426327 |     48,853        1.00       48.00
   .1501105 |     48,853        1.00       49.00
   .1577599 |     48,853        1.00       50.00
   .1655835 |     48,853        1.00       51.00
   .1735326 |     48,853        1.00       52.00
   .1816972 |     48,853        1.00       53.00
   .1899983 |     48,852        1.00       54.00
   .1985705 |     48,853        1.00       55.00
   .2073035 |     48,853        1.00       56.00
   .2161085 |     48,853        1.00       57.00
   .2252468 |     48,853        1.00       58.00
   .2344324 |     48,853        1.00       59.00
   .2439569 |     48,853        1.00       60.00
   .2536785 |     48,852        1.00       61.00
   .2635317 |     48,853        1.00       62.00
   .2736544 |     48,853        1.00       63.00
   .2840356 |     48,853        1.00       64.00
   .2947348 |     48,853        1.00       65.00
   .3056358 |     48,853        1.00       66.00
   .3168033 |     48,852        1.00       67.00
     .32827 |     48,853        1.00       68.00
   .3400404 |     48,853        1.00       69.00
   .3520588 |     48,853        1.00       70.00
   .3644433 |     48,853        1.00       71.00
   .3771406 |     48,853        1.00       72.00
   .3902358 |     48,853        1.00       73.00
   .4037081 |     48,852        1.00       74.00
    .417565 |     48,853        1.00       75.00
   .4317683 |     48,853        1.00       76.00
   .4464162 |     48,853        1.00       77.00
   .4616223 |     48,853        1.00       78.00
   .4772684 |     48,853        1.00       79.00
   .4936686 |     48,852        1.00       80.00
    .510766 |     48,853        1.00       81.00
   .5285751 |     48,853        1.00       82.00
   .5473379 |     48,853        1.00       83.00
   .5671001 |     48,853        1.00       84.00
   .5883129 |     48,853        1.00       85.00
   .6111432 |     48,853        1.00       86.00
   .6357272 |     48,852        1.00       87.00
   .6627565 |     48,853        1.00       88.00
    .692771 |     48,853        1.00       89.00
   .7264037 |     48,853        1.00       90.00
   .7646195 |     48,853        1.00       91.00
   .8077516 |     48,853        1.00       92.00
   .8552965 |     48,853        1.00       93.00
   .9012536 |     48,852        1.00       94.00
   .9416802 |     48,853        1.00       95.00
   .9767885 |     48,853        1.00       96.00
   1.010179 |     48,853        1.00       97.00
   1.048787 |     48,853        1.00       98.00
   1.108353 |     48,853        1.00       99.00
   1.756894 |     48,852        1.00      100.00
------------+-----------------------------------
      Total |  4,885,284      100.00

Linear regression                               Number of obs     =  1,501,766
                                                F(3, 40340)       =    3047.48
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0486
                                                Root MSE          =     1.1752

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0647337   .0011257    57.51   0.000     .0625274      .06694
    age_ele1 |  -.0535086   .0007757   -68.98   0.000     -.055029   -.0519882
proba_pooled |  -.4088173    .005335   -76.63   0.000    -.4192741   -.3983606
       _cons |   .3340958    .003929    85.03   0.000     .3263949    .3417968
------------------------------------------------------------------------------
(est1 stored)

Linear regression                               Number of obs     =  1,501,766
                                                F(4, 40340)       =    2384.76
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0488
                                                Root MSE          =     1.1751

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0753004   .0015516    48.53   0.000     .0722593    .0783416
    age_ele1 |  -.0538403   .0007685   -70.06   0.000    -.0553466    -.052334
   diff_ele1 |  -.0033137   .0003925    -8.44   0.000     -.004083   -.0025445
proba_pooled |  -.4088488   .0053289   -76.72   0.000    -.4192936   -.3984041
       _cons |   .3348674   .0039107    85.63   0.000     .3272024    .3425324
------------------------------------------------------------------------------
(est2 stored)
(running regress on estimation sample)

Bootstrap replications (50)
----+--- 1 ---+--- 2 ---+--- 3 ---+--- 4 ---+--- 5 
..................................................    50

Linear regression                               Number of obs     =  1,501,766
                                                Replications      =         50
                                                Wald chi2(4)      =   31398.95
                                                Prob > chi2       =     0.0000
                                                R-squared         =     0.0488
                                                Adj R-squared     =     0.0488
                                                Root MSE          =     1.1751

------------------------------------------------------------------------------
             |   Observed   Bootstrap                         Normal-based
      dprior |      Coef.   Std. Err.      z    P>|z|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0753004   .0010826    69.56   0.000     .0731787    .0774222
    age_ele1 |  -.0538403   .0006075   -88.63   0.000     -.055031   -.0526496
   diff_ele1 |  -.0033137     .00029   -11.43   0.000    -.0038821   -.0027454
proba_pooled |  -.4088488   .0032236  -126.83   0.000     -.415167   -.4025306
       _cons |   .3348674   .0028887   115.92   0.000     .3292056    .3405293
------------------------------------------------------------------------------
(est3 stored)
note: diff_ele1_1 omitted because of collinearity
note: diff_ele1_10 omitted because of collinearity
note: ele1_1 omitted because of collinearity
note: ele1_8 omitted because of collinearity
note: ele1_10 omitted because of collinearity

Linear regression                               Number of obs     =  1,501,766
                                                F(16, 40340)      =     716.33
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0509
                                                Root MSE          =     1.1738

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
 diff_ele1_1 |          0  (omitted)
 diff_ele1_2 |   .0692765   .0012174    56.90   0.000     .0668903    .0716628
 diff_ele1_3 |   .0642302   .0012974    49.51   0.000     .0616873    .0667732
 diff_ele1_4 |   .0595482   .0016115    36.95   0.000     .0563897    .0627067
 diff_ele1_5 |   .0562593   .0024478    22.98   0.000     .0514617     .061057
 diff_ele1_6 |   .0588507   .0022912    25.69   0.000     .0543599    .0633415
 diff_ele1_7 |    .054616   .0026608    20.53   0.000     .0494008    .0598312
 diff_ele1_8 |   .0507202    .003545    14.31   0.000     .0437719    .0576684
 diff_ele1_9 |   .0542711   .0066976     8.10   0.000     .0411436    .0673986
diff_ele1_10 |          0  (omitted)
      ele1_1 |          0  (omitted)
      ele1_2 |   .2714498    .007075    38.37   0.000     .2575827    .2853169
      ele1_3 |   .1033013   .0069298    14.91   0.000     .0897187    .1168838
      ele1_4 |   .0672894    .006929     9.71   0.000     .0537084    .0808705
      ele1_5 |   .0379001   .0072469     5.23   0.000      .023696    .0521043
      ele1_6 |   .0247991   .0079588     3.12   0.002     .0091997    .0403985
      ele1_7 |   .0216763   .0088801     2.44   0.015     .0042711    .0390815
      ele1_8 |          0  (omitted)
      ele1_9 |   .0124825   .0129461     0.96   0.335    -.0128922    .0378572
     ele1_10 |          0  (omitted)
proba_pooled |  -.4166892   .0053359   -78.09   0.000    -.4271476   -.4062308
       _cons |   .0036916   .0065884     0.56   0.575    -.0092218     .016605
------------------------------------------------------------------------------
(est4 stored)
note: bin2 omitted because of collinearity

Linear regression                               Number of obs     =  1,501,766
                                                F(101, 40340)     =     122.73
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0520
                                                Root MSE          =     1.1732

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0649464     .00113    57.48   0.000     .0627317    .0671612
    age_ele1 |  -.0567961   .0007923   -71.69   0.000     -.058349   -.0552432
        bin1 |   .0306576   .0157912     1.94   0.052    -.0002934    .0616087
        bin2 |          0  (omitted)
        bin3 |  -.0060355   .0147548    -0.41   0.683    -.0349553    .0228843
        bin4 |  -.0287529   .0147591    -1.95   0.051    -.0576811    .0001754
        bin5 |  -.0565459   .0145868    -3.88   0.000    -.0851364   -.0279555
        bin6 |  -.0631686   .0143203    -4.41   0.000    -.0912368   -.0351004
        bin7 |   -.092851   .0144824    -6.41   0.000     -.121237   -.0644651
        bin8 |  -.0966367   .0141716    -6.82   0.000    -.1244134   -.0688601
        bin9 |  -.1228773   .0140843    -8.72   0.000    -.1504829   -.0952718
       bin10 |  -.1206165    .013983    -8.63   0.000    -.1480235   -.0932094
       bin11 |  -.1439486    .014306   -10.06   0.000    -.1719887   -.1159085
       bin12 |  -.1679729   .0140173   -11.98   0.000    -.1954473   -.1404986
       bin13 |  -.1721198   .0139769   -12.31   0.000    -.1995148   -.1447248
       bin14 |   -.170285   .0140703   -12.10   0.000    -.1978632   -.1427069
       bin15 |  -.1914152   .0135894   -14.09   0.000    -.2180507   -.1647797
       bin16 |  -.2006061   .0145615   -13.78   0.000    -.2291469   -.1720653
       bin17 |  -.2093494   .0140195   -14.93   0.000    -.2368279   -.1818709
       bin18 |  -.2302531   .0141928   -16.22   0.000    -.2580713    -.202435
       bin19 |  -.2259975   .0140172   -16.12   0.000    -.2534715   -.1985235
       bin20 |  -.2310241    .014254   -16.21   0.000    -.2589622   -.2030859
       bin21 |  -.2522289   .0139315   -18.10   0.000    -.2795349   -.2249229
       bin22 |  -.2556532   .0141155   -18.11   0.000    -.2833198   -.2279865
       bin23 |  -.2480385   .0141684   -17.51   0.000    -.2758089   -.2202681
       bin24 |  -.2764623   .0143505   -19.27   0.000    -.3045895    -.248335
       bin25 |   -.278103    .013564   -20.50   0.000    -.3046887   -.2515173
       bin26 |  -.2839052   .0144153   -19.69   0.000    -.3121596   -.2556509
       bin27 |   -.266325   .0141433   -18.83   0.000    -.2940462   -.2386038
       bin28 |  -.2847699   .0138836   -20.51   0.000    -.3119821   -.2575577
       bin29 |  -.2861776   .0139057   -20.58   0.000     -.313433   -.2589221
       bin30 |  -.2943572   .0145252   -20.27   0.000     -.322827   -.2658874
       bin31 |  -.3034322    .013956   -21.74   0.000    -.3307863   -.2760781
       bin32 |  -.2936848   .0140352   -20.92   0.000    -.3211942   -.2661755
       bin33 |  -.3082128   .0140854   -21.88   0.000    -.3358205    -.280605
       bin34 |    -.29986   .0144882   -20.70   0.000    -.3282571   -.2714629
       bin35 |  -.3056863   .0143741   -21.27   0.000    -.3338598   -.2775128
       bin36 |  -.3110945   .0142316   -21.86   0.000    -.3389887   -.2832003
       bin37 |  -.3088389   .0142888   -21.61   0.000    -.3368453   -.2808325
       bin38 |  -.3040148   .0146909   -20.69   0.000    -.3328093   -.2752202
       bin39 |  -.3118689   .0141997   -21.96   0.000    -.3397006   -.2840371
       bin40 |  -.3042478   .0145119   -20.97   0.000    -.3326915   -.2758041
       bin41 |  -.3146996   .0144478   -21.78   0.000    -.3430176   -.2863815
       bin42 |  -.3104213   .0146101   -21.25   0.000    -.3390575   -.2817851
       bin43 |  -.3148557   .0146212   -21.53   0.000    -.3435136   -.2861978
       bin44 |  -.2894124   .0146395   -19.77   0.000    -.3181062   -.2607186
       bin45 |  -.2989003   .0144372   -20.70   0.000    -.3271977    -.270603
       bin46 |  -.3215072   .0148759   -21.61   0.000    -.3506644   -.2923501
       bin47 |  -.3135875    .014768   -21.23   0.000    -.3425331    -.284642
       bin48 |  -.3267593   .0149223   -21.90   0.000    -.3560074   -.2975112
       bin49 |  -.3024816   .0144137   -20.99   0.000    -.3307328   -.2742303
       bin50 |  -.2975373   .0149588   -19.89   0.000    -.3268568   -.2682178
       bin51 |   -.305912   .0147119   -20.79   0.000    -.3347476   -.2770763
       bin52 |  -.3221395   .0148887   -21.64   0.000    -.3513218   -.2929572
       bin53 |  -.3383357   .0150651   -22.46   0.000    -.3678637   -.3088077
       bin54 |  -.3256983   .0150064   -21.70   0.000    -.3551111   -.2962854
       bin55 |  -.3315643   .0148373   -22.35   0.000    -.3606457   -.3024829
       bin56 |  -.3436963    .015018   -22.89   0.000    -.3731319   -.3142607
       bin57 |  -.3509639   .0149876   -23.42   0.000    -.3803399   -.3215879
       bin58 |  -.3428834    .015431   -22.22   0.000    -.3731285   -.3126384
       bin59 |  -.3459147   .0150115   -23.04   0.000    -.3753377   -.3164918
       bin60 |  -.3629609    .015336   -23.67   0.000    -.3930197   -.3329021
       bin61 |  -.3802034   .0149174   -25.49   0.000    -.4094417    -.350965
       bin62 |  -.3699063   .0151046   -24.49   0.000    -.3995118   -.3403009
       bin63 |  -.3829229   .0154993   -24.71   0.000    -.4133019   -.3525439
       bin64 |  -.3984209   .0150552   -26.46   0.000    -.4279295   -.3689123
       bin65 |  -.4086482    .015457   -26.44   0.000    -.4389442   -.3783522
       bin66 |  -.4124286   .0154222   -26.74   0.000    -.4426565   -.3822007
       bin67 |  -.4171739   .0152844   -27.29   0.000    -.4471318    -.387216
       bin68 |  -.4363229   .0157595   -27.69   0.000    -.4672119   -.4054339
       bin69 |  -.4329289   .0158054   -27.39   0.000    -.4639078   -.4019501
       bin70 |  -.4512112   .0155375   -29.04   0.000    -.4816651   -.4207574
       bin71 |  -.4584531   .0162911   -28.14   0.000     -.490384   -.4265223
       bin72 |  -.4501689   .0157728   -28.54   0.000     -.481084   -.4192538
       bin73 |  -.4555287    .015384   -29.61   0.000    -.4856816   -.4253758
       bin74 |  -.4626105    .015752   -29.37   0.000    -.4934849   -.4317361
       bin75 |  -.4833684   .0158187   -30.56   0.000    -.5143734   -.4523633
       bin76 |  -.4705071   .0160539   -29.31   0.000    -.5019731   -.4390411
       bin77 |  -.5150746   .0155321   -33.16   0.000    -.5455178   -.4846314
       bin78 |  -.4979497   .0159443   -31.23   0.000     -.529201   -.4666985
       bin79 |  -.5172027   .0162521   -31.82   0.000    -.5490572   -.4853481
       bin80 |  -.5333695   .0156727   -34.03   0.000    -.5640883   -.5026507
       bin81 |   -.530192   .0154957   -34.22   0.000    -.5605639   -.4998201
       bin82 |  -.5619619   .0155176   -36.21   0.000    -.5923768   -.5315471
       bin83 |  -.5557938   .0156005   -35.63   0.000    -.5863712   -.5252164
       bin84 |  -.5830014   .0162064   -35.97   0.000    -.6147662   -.5512365
       bin85 |  -.5712188   .0158192   -36.11   0.000    -.6022248   -.5402128
       bin86 |  -.5882095   .0160125   -36.73   0.000    -.6195943   -.5568246
       bin87 |   -.593292   .0154011   -38.52   0.000    -.6234785   -.5631054
       bin88 |  -.6111042   .0159554   -38.30   0.000    -.6423771   -.5798312
       bin89 |  -.5860358   .0155401   -37.71   0.000    -.6164947   -.5555769
       bin90 |  -.5986533   .0156085   -38.35   0.000    -.6292464   -.5680602
       bin91 |  -.5929657   .0151909   -39.03   0.000    -.6227402   -.5631911
       bin92 |  -.5822367   .0155834   -37.36   0.000    -.6127805   -.5516928
       bin93 |  -.5079158   .0153178   -33.16   0.000    -.5379391   -.4778925
       bin94 |  -.4520598   .0151351   -29.87   0.000     -.481725   -.4223946
       bin95 |  -.4158299   .0149503   -27.81   0.000     -.445133   -.3865269
       bin96 |  -.4585287   .0146972   -31.20   0.000    -.4873355   -.4297219
       bin97 |   -.511753   .0139638   -36.65   0.000    -.5391223   -.4843837
       bin98 |  -.5887959   .0142856   -41.22   0.000    -.6167961   -.5607957
       bin99 |  -.6722371   .0148728   -45.20   0.000    -.7013881    -.643086
      bin100 |  -.6968367   .0152202   -45.78   0.000    -.7266686   -.6670047
       _cons |   .5965033   .0121869    48.95   0.000     .5726168    .6203898
------------------------------------------------------------------------------
(est5 stored)
note: bin2 omitted because of collinearity

Linear regression                               Number of obs     =  1,501,766
                                                F(102, 40340)     =     124.54
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0522
                                                Root MSE          =      1.173

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0754954   .0015586    48.44   0.000     .0724406    .0785502
    age_ele1 |  -.0571272   .0007851   -72.77   0.000    -.0586659   -.0555884
   diff_ele1 |  -.0033082   .0003953    -8.37   0.000    -.0040829   -.0025335
        bin1 |   .0299526   .0157797     1.90   0.058     -.000976    .0608813
        bin2 |          0  (omitted)
        bin3 |  -.0059426   .0147467    -0.40   0.687    -.0348466    .0229613
        bin4 |  -.0286808   .0147587    -1.94   0.052    -.0576082    .0002465
        bin5 |  -.0563317   .0145769    -3.86   0.000    -.0849028   -.0277606
        bin6 |  -.0634361   .0143106    -4.43   0.000    -.0914853    -.035387
        bin7 |  -.0926427   .0144685    -6.40   0.000    -.1210012   -.0642842
        bin8 |  -.0967498   .0141614    -6.83   0.000    -.1245065   -.0689931
        bin9 |  -.1226742   .0140758    -8.72   0.000    -.1502631   -.0950853
       bin10 |   -.120484   .0139748    -8.62   0.000    -.1478749    -.093093
       bin11 |  -.1436808    .014298   -10.05   0.000    -.1717052   -.1156565
       bin12 |   -.167928   .0140069   -11.99   0.000    -.1953818   -.1404742
       bin13 |  -.1723444   .0139706   -12.34   0.000    -.1997271   -.1449616
       bin14 |  -.1702276   .0140664   -12.10   0.000    -.1977981    -.142657
       bin15 |  -.1914487   .0135883   -14.09   0.000     -.218082   -.1648154
       bin16 |  -.2001834   .0145537   -13.75   0.000    -.2287091   -.1716578
       bin17 |  -.2093584   .0140081   -14.95   0.000    -.2368145   -.1819023
       bin18 |   -.230063    .014182   -16.22   0.000    -.2578601    -.202266
       bin19 |  -.2260425   .0140117   -16.13   0.000    -.2535056   -.1985793
       bin20 |    -.23097    .014257   -16.20   0.000     -.258914    -.203026
       bin21 |  -.2522218   .0139262   -18.11   0.000    -.2795174   -.2249261
       bin22 |  -.2556308    .014125   -18.10   0.000     -.283316   -.2279456
       bin23 |  -.2479818   .0141612   -17.51   0.000    -.2757382   -.2202254
       bin24 |  -.2762465   .0143426   -19.26   0.000    -.3043583   -.2481348
       bin25 |   -.278098   .0135514   -20.52   0.000     -.304659   -.2515369
       bin26 |  -.2839139   .0143955   -19.72   0.000    -.3121295   -.2556983
       bin27 |  -.2662124   .0141516   -18.81   0.000    -.2939498   -.2384749
       bin28 |  -.2846078   .0138742   -20.51   0.000    -.3118016    -.257414
       bin29 |  -.2856916   .0139073   -20.54   0.000    -.3129503    -.258433
       bin30 |  -.2942462    .014516   -20.27   0.000    -.3226979   -.2657946
       bin31 |  -.3031029   .0139576   -21.72   0.000    -.3304602   -.2757456
       bin32 |  -.2933187   .0140427   -20.89   0.000    -.3208427   -.2657948
       bin33 |  -.3080208   .0140839   -21.87   0.000    -.3356255   -.2804161
       bin34 |  -.2997032   .0144864   -20.69   0.000    -.3280968   -.2713095
       bin35 |  -.3057582   .0143696   -21.28   0.000     -.333923   -.2775934
       bin36 |  -.3107899   .0142232   -21.85   0.000    -.3386677   -.2829121
       bin37 |   -.308736   .0142974   -21.59   0.000    -.3367592   -.2807128
       bin38 |  -.3039359   .0146998   -20.68   0.000    -.3327479   -.2751239
       bin39 |  -.3116156   .0142005   -21.94   0.000    -.3394489   -.2837824
       bin40 |  -.3039325   .0144994   -20.96   0.000    -.3323518   -.2755133
       bin41 |  -.3145608   .0144479   -21.77   0.000     -.342879   -.2862425
       bin42 |  -.3103685   .0146048   -21.25   0.000    -.3389942   -.2817428
       bin43 |  -.3146397   .0146155   -21.53   0.000    -.3432864    -.285993
       bin44 |  -.2894264   .0146488   -19.76   0.000    -.3181384   -.2607144
       bin45 |  -.2988937   .0144377   -20.70   0.000     -.327192   -.2705954
       bin46 |  -.3212397   .0148671   -21.61   0.000    -.3503795      -.2921
       bin47 |  -.3134578   .0147672   -21.23   0.000    -.3424018   -.2845137
       bin48 |  -.3265485   .0149263   -21.88   0.000    -.3558044   -.2972927
       bin49 |  -.3023856   .0144096   -20.99   0.000    -.3306287   -.2741424
       bin50 |  -.2973652   .0149548   -19.88   0.000     -.326677   -.2680533
       bin51 |  -.3055142   .0147127   -20.77   0.000    -.3343516   -.2766769
       bin52 |  -.3215933   .0148967   -21.59   0.000    -.3507912   -.2923955
       bin53 |  -.3381672   .0150657   -22.45   0.000    -.3676962   -.3086382
       bin54 |  -.3255101   .0150077   -21.69   0.000    -.3549255   -.2960947
       bin55 |  -.3315023   .0148327   -22.35   0.000    -.3605748   -.3024298
       bin56 |  -.3432258   .0150096   -22.87   0.000     -.372645   -.3138067
       bin57 |  -.3510037   .0149867   -23.42   0.000     -.380378   -.3216294
       bin58 |  -.3426517   .0154409   -22.19   0.000    -.3729162   -.3123871
       bin59 |  -.3457387   .0150087   -23.04   0.000     -.375156   -.3163213
       bin60 |  -.3625686   .0153337   -23.65   0.000    -.3926231   -.3325142
       bin61 |  -.3800062   .0149149   -25.48   0.000    -.4092397   -.3507728
       bin62 |  -.3697795   .0151126   -24.47   0.000    -.3994005   -.3401586
       bin63 |  -.3825717   .0155016   -24.68   0.000    -.4129553   -.3521882
       bin64 |  -.3984028   .0150508   -26.47   0.000    -.4279027    -.368903
       bin65 |  -.4085984   .0154597   -26.43   0.000    -.4388997    -.378297
       bin66 |  -.4122877   .0154132   -26.75   0.000    -.4424979   -.3820774
       bin67 |   -.417026   .0152736   -27.30   0.000    -.4469626   -.3870893
       bin68 |  -.4362371   .0157504   -27.70   0.000    -.4671082   -.4053659
       bin69 |  -.4323877    .015797   -27.37   0.000    -.4633502   -.4014252
       bin70 |  -.4511636   .0155249   -29.06   0.000    -.4815927   -.4207345
       bin71 |  -.4583869    .016289   -28.14   0.000    -.4903137   -.4264601
       bin72 |  -.4501068   .0157778   -28.53   0.000    -.4810317    -.419182
       bin73 |  -.4555568   .0153874   -29.61   0.000    -.4857166   -.4253971
       bin74 |  -.4624567   .0157544   -29.35   0.000    -.4933355   -.4315778
       bin75 |  -.4832929   .0158137   -30.56   0.000    -.5142882   -.4522977
       bin76 |   -.470293   .0160538   -29.29   0.000    -.5017589   -.4388272
       bin77 |  -.5150763   .0155187   -33.19   0.000    -.5454933   -.4846592
       bin78 |  -.4979789   .0159489   -31.22   0.000    -.5292392   -.4667186
       bin79 |  -.5172495   .0162537   -31.82   0.000    -.5491072   -.4853918
       bin80 |  -.5333327   .0156556   -34.07   0.000    -.5640181   -.5026473
       bin81 |   -.530116   .0154779   -34.25   0.000     -.560453   -.4997789
       bin82 |  -.5617192   .0155131   -36.21   0.000    -.5921252   -.5313132
       bin83 |  -.5558364    .015598   -35.64   0.000    -.5864088   -.5252641
       bin84 |  -.5828456    .016191   -36.00   0.000    -.6145803   -.5511109
       bin85 |  -.5712586   .0158085   -36.14   0.000    -.6022437   -.5402735
       bin86 |  -.5881576   .0160084   -36.74   0.000    -.6195345   -.5567808
       bin87 |  -.5933871   .0153844   -38.57   0.000    -.6235409   -.5632333
       bin88 |  -.6111367   .0159427   -38.33   0.000    -.6423848   -.5798886
       bin89 |  -.5860698   .0155155   -37.77   0.000    -.6164806   -.5556591
       bin90 |  -.5989801   .0156061   -38.38   0.000    -.6295683   -.5683919
       bin91 |  -.5930041   .0151843   -39.05   0.000    -.6227657   -.5632425
       bin92 |  -.5820167   .0155659   -37.39   0.000    -.6125263   -.5515071
       bin93 |  -.5078901   .0153146   -33.16   0.000     -.537907   -.4778733
       bin94 |  -.4521275   .0151291   -29.88   0.000    -.4817809    -.422474
       bin95 |   -.415688   .0149426   -27.82   0.000    -.4449758   -.3864002
       bin96 |  -.4581922    .014686   -31.20   0.000     -.486977   -.4294074
       bin97 |  -.5115793   .0139655   -36.63   0.000     -.538952   -.4842065
       bin98 |   -.588493   .0142841   -41.20   0.000    -.6164901   -.5604959
       bin99 |   -.672204   .0148616   -45.23   0.000    -.7013332   -.6430748
      bin100 |  -.6968945   .0152086   -45.82   0.000    -.7267038   -.6670852
       _cons |   .5971521   .0121703    49.07   0.000     .5732981    .6210061
------------------------------------------------------------------------------
(est6 stored)
note: bin100 omitted because of collinearity
(running regress on estimation sample)

Bootstrap replications (50)
----+--- 1 ---+--- 2 ---+--- 3 ---+--- 4 ---+--- 5 
..................................................    50

Linear regression                               Number of obs     =  1,501,766
                                                Replications      =         50
                                                Wald chi2(49)     =          .
                                                Prob > chi2       =          .
                                                R-squared         =     0.0522
                                                Adj R-squared     =     0.0522
                                                Root MSE          =     1.1730

------------------------------------------------------------------------------
             |   Observed   Bootstrap                         Normal-based
      dprior |      Coef.   Std. Err.      z    P>|z|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
        diff |   .0754954   .0012564    60.09   0.000     .0730329    .0779579
    age_ele1 |  -.0571272   .0005878   -97.18   0.000    -.0582793    -.055975
   diff_ele1 |  -.0033082   .0003237   -10.22   0.000    -.0039426   -.0026738
        bin1 |   .7268471   .0163932    44.34   0.000      .694717    .7589772
        bin2 |   .6968945   .0167942    41.50   0.000     .6639784    .7298105
        bin3 |   .6909518   .0148462    46.54   0.000     .6618539    .7200498
        bin4 |   .6682136   .0142864    46.77   0.000     .6402127    .6962145
        bin5 |   .6405628    .011938    53.66   0.000     .6171647    .6639609
        bin6 |   .6334583   .0119827    52.86   0.000     .6099727     .656944
        bin7 |   .6042518   .0140513    43.00   0.000     .5767117    .6317919
        bin8 |   .6001447   .0123426    48.62   0.000     .5759537    .6243357
        bin9 |   .5742202   .0128347    44.74   0.000     .5490647    .5993758
       bin10 |   .5764105   .0136916    42.10   0.000     .5495754    .6032456
       bin11 |   .5532136   .0135359    40.87   0.000     .5266837    .5797436
       bin12 |   .5289665   .0131112    40.34   0.000      .503269     .554664
       bin13 |   .5245501   .0153844    34.10   0.000     .4943973     .554703
       bin14 |   .5266669   .0133945    39.32   0.000     .5004141    .5529196
       bin15 |   .5054458    .012696    39.81   0.000     .4805621    .5303295
       bin16 |    .496711    .011683    42.52   0.000     .4738128    .5196092
       bin17 |   .4875361   .0150914    32.31   0.000     .4579575    .5171146
       bin18 |   .4668314   .0142289    32.81   0.000     .4389433    .4947195
       bin19 |    .470852   .0123788    38.04   0.000     .4465901    .4951139
       bin20 |   .4659245   .0136486    34.14   0.000     .4391736    .4926753
       bin21 |   .4446727   .0132958    33.44   0.000     .4186135    .4707319
       bin22 |   .4412637   .0128555    34.32   0.000     .4160674      .46646
       bin23 |   .4489127   .0139327    32.22   0.000     .4216051    .4762203
       bin24 |   .4206479   .0127619    32.96   0.000     .3956351    .4456608
       bin25 |   .4187965   .0126339    33.15   0.000     .3940346    .4435584
       bin26 |   .4129806   .0127991    32.27   0.000     .3878948    .4380664
       bin27 |   .4306821   .0125047    34.44   0.000     .4061734    .4551908
       bin28 |   .4122867   .0121925    33.81   0.000     .3883898    .4361835
       bin29 |   .4112028   .0129647    31.72   0.000     .3857924    .4366132
       bin30 |   .4026482   .0133494    30.16   0.000     .3764839    .4288125
       bin31 |   .3937916   .0133622    29.47   0.000     .3676022    .4199809
       bin32 |   .4035757   .0141938    28.43   0.000     .3757564     .431395
       bin33 |   .3888737   .0119365    32.58   0.000     .3654786    .4122688
       bin34 |   .3971913   .0131139    30.29   0.000     .3714885    .4228941
       bin35 |   .3911363   .0143674    27.22   0.000     .3629767    .4192959
       bin36 |   .3861045   .0147955    26.10   0.000      .357106    .4151031
       bin37 |   .3881585   .0134786    28.80   0.000     .3617409    .4145761
       bin38 |   .3929586   .0133378    29.46   0.000      .366817    .4191001
       bin39 |   .3852788   .0120586    31.95   0.000     .3616444    .4089133
       bin40 |   .3929619    .011358    34.60   0.000     .3707007    .4152231
       bin41 |   .3823337   .0129636    29.49   0.000     .3569255    .4077419
       bin42 |   .3865259   .0113609    34.02   0.000      .364259    .4087929
       bin43 |   .3822547   .0128677    29.71   0.000     .3570345    .4074749
       bin44 |   .4074681   .0133849    30.44   0.000     .3812341     .433702
       bin45 |   .3980008   .0138978    28.64   0.000     .3707616      .42524
       bin46 |   .3756547   .0140836    26.67   0.000     .3480514     .403258
       bin47 |   .3834367   .0129444    29.62   0.000     .3580662    .4088073
       bin48 |    .370346   .0130867    28.30   0.000     .3446964    .3959955
       bin49 |   .3945089   .0145126    27.18   0.000     .3660647    .4229531
       bin50 |   .3995293   .0142533    28.03   0.000     .3715934    .4274652
       bin51 |   .3913802   .0139911    27.97   0.000     .3639581    .4188023
       bin52 |   .3753011   .0132123    28.41   0.000     .3494054    .4011968
       bin53 |   .3587273   .0123387    29.07   0.000     .3345438    .3829107
       bin54 |   .3713844    .012158    30.55   0.000     .3475551    .3952137
       bin55 |   .3653922   .0137882    26.50   0.000     .3383678    .3924165
       bin56 |   .3536686   .0116511    30.36   0.000      .330833    .3765043
       bin57 |   .3458907   .0134505    25.72   0.000     .3195283    .3722532
       bin58 |   .3542428   .0149211    23.74   0.000      .324998    .3834876
       bin59 |   .3511558   .0148317    23.68   0.000     .3220862    .3802254
       bin60 |   .3343258    .014544    22.99   0.000       .30582    .3628317
       bin61 |   .3168883   .0134378    23.58   0.000     .2905506    .3432259
       bin62 |   .3271149   .0160074    20.44   0.000     .2957409    .3584889
       bin63 |   .3143227   .0142993    21.98   0.000     .2862965    .3423489
       bin64 |   .2984917   .0141623    21.08   0.000      .270734    .3262493
       bin65 |   .2882961   .0137267    21.00   0.000     .2613923    .3151999
       bin66 |   .2846068   .0138598    20.53   0.000     .2574421    .3117715
       bin67 |   .2798685   .0141038    19.84   0.000     .2522256    .3075114
       bin68 |   .2606574   .0139422    18.70   0.000     .2333312    .2879836
       bin69 |   .2645068   .0142285    18.59   0.000     .2366194    .2923941
       bin70 |   .2457308   .0136415    18.01   0.000     .2189939    .2724677
       bin71 |   .2385076   .0136157    17.52   0.000     .2118213    .2651938
       bin72 |   .2467876   .0153427    16.08   0.000     .2167164    .2768588
       bin73 |   .2413376   .0153014    15.77   0.000     .2113475    .2713278
       bin74 |   .2344378   .0152649    15.36   0.000     .2045192    .2643565
       bin75 |   .2136015   .0131015    16.30   0.000      .187923      .23928
       bin76 |   .2266014   .0148354    15.27   0.000     .1975246    .2556783
       bin77 |   .1818182   .0141704    12.83   0.000     .1540448    .2095916
       bin78 |   .1989155   .0104118    19.10   0.000     .1785088    .2193223
       bin79 |    .179645   .0141728    12.68   0.000     .1518668    .2074232
       bin80 |   .1635618   .0140605    11.63   0.000     .1360038    .1911198
       bin81 |   .1667785   .0147285    11.32   0.000     .1379112    .1956459
       bin82 |   .1351753   .0134115    10.08   0.000     .1088892    .1614613
       bin83 |    .141058     .01501     9.40   0.000      .111639    .1704771
       bin84 |   .1140489    .014381     7.93   0.000     .0858626    .1422352
       bin85 |   .1256359   .0139906     8.98   0.000     .0982148     .153057
       bin86 |   .1087368   .0133001     8.18   0.000     .0826691    .1348046
       bin87 |   .1035074   .0137631     7.52   0.000     .0765321    .1304826
       bin88 |   .0857577   .0126696     6.77   0.000     .0609259    .1105896
       bin89 |   .1108246   .0136091     8.14   0.000     .0841513     .137498
       bin90 |   .0979143   .0151715     6.45   0.000     .0681787      .12765
       bin91 |   .1038904   .0152412     6.82   0.000     .0740182    .1337626
       bin92 |   .1148778   .0146436     7.84   0.000     .0861768    .1435788
       bin93 |   .1890043   .0135177    13.98   0.000     .1625101    .2154986
       bin94 |    .244767   .0151759    16.13   0.000     .2150228    .2745111
       bin95 |   .2812065   .0132389    21.24   0.000     .2552588    .3071542
       bin96 |   .2387023   .0125635    19.00   0.000     .2140783    .2633262
       bin97 |   .1853152   .0133832    13.85   0.000     .1590847    .2115457
       bin98 |   .1084014   .0139616     7.76   0.000     .0810373    .1357656
       bin99 |   .0246905   .0127832     1.93   0.053    -.0003641     .049745
      bin100 |          0  (omitted)
       _cons |  -.0997424   .0103139    -9.67   0.000    -.1199572   -.0795275
------------------------------------------------------------------------------
(est7 stored)
note: diff_ele1_1 omitted because of collinearity
note: diff_ele1_10 omitted because of collinearity
note: ele1_1 omitted because of collinearity
note: ele1_8 omitted because of collinearity
note: ele1_10 omitted because of collinearity
note: bin2 omitted because of collinearity

Linear regression                               Number of obs     =  1,501,766
                                                F(114, 40340)     =     129.39
                                                Prob > F          =     0.0000
                                                R-squared         =     0.0543
                                                Root MSE          =     1.1718

                                 (Std. Err. adjusted for 40,341 clusters in i)
------------------------------------------------------------------------------
             |               Robust
      dprior |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
 diff_ele1_1 |          0  (omitted)
 diff_ele1_2 |   .0694906   .0012209    56.92   0.000     .0670977    .0718836
 diff_ele1_3 |   .0644254   .0013027    49.45   0.000      .061872    .0669788
 diff_ele1_4 |   .0597824   .0016135    37.05   0.000       .05662    .0629448
 diff_ele1_5 |   .0564345   .0024515    23.02   0.000     .0516296    .0612394
 diff_ele1_6 |   .0589881   .0022897    25.76   0.000     .0545003    .0634759
 diff_ele1_7 |   .0549859   .0026737    20.57   0.000     .0497453    .0602264
 diff_ele1_8 |   .0510094   .0035808    14.25   0.000     .0439909     .058028
 diff_ele1_9 |   .0544813   .0067575     8.06   0.000     .0412365    .0677261
diff_ele1_10 |          0  (omitted)
      ele1_1 |          0  (omitted)
      ele1_2 |   .2916631   .0071847    40.59   0.000     .2775809    .3057453
      ele1_3 |   .1202487   .0070269    17.11   0.000     .1064759    .1340215
      ele1_4 |   .0808267   .0069957    11.55   0.000     .0671149    .0945385
      ele1_5 |    .048703   .0072885     6.68   0.000     .0344173    .0629887
      ele1_6 |    .032342   .0080286     4.03   0.000     .0166056    .0480783
      ele1_7 |   .0261181   .0089382     2.92   0.003      .008599    .0436373
      ele1_8 |          0  (omitted)
      ele1_9 |   .0067598   .0128997     0.52   0.600    -.0185239    .0320435
     ele1_10 |          0  (omitted)
        bin1 |   .0315058   .0157474     2.00   0.045     .0006406    .0623711
        bin2 |          0  (omitted)
        bin3 |  -.0053818   .0147026    -0.37   0.714    -.0341992    .0234356
        bin4 |  -.0277606   .0147266    -1.89   0.059     -.056625    .0011038
        bin5 |   -.054306   .0145206    -3.74   0.000    -.0827667   -.0258452
        bin6 |  -.0623695   .0142838    -4.37   0.000    -.0903661   -.0343729
        bin7 |  -.0906425   .0144192    -6.29   0.000    -.1189044   -.0623806
        bin8 |   -.095036   .0140957    -6.74   0.000    -.1226639   -.0674081
        bin9 |  -.1213767   .0140476    -8.64   0.000    -.1489103   -.0938431
       bin10 |  -.1177417    .013914    -8.46   0.000    -.1450134     -.09047
       bin11 |  -.1403785   .0142228    -9.87   0.000    -.1682555   -.1125016
       bin12 |  -.1642576   .0139326   -11.79   0.000    -.1915657   -.1369494
       bin13 |  -.1692068   .0139186   -12.16   0.000    -.1964876    -.141926
       bin14 |  -.1675663   .0139929   -11.98   0.000    -.1949926     -.14014
       bin15 |   -.187932   .0135234   -13.90   0.000    -.2144383   -.1614258
       bin16 |  -.1968565   .0144717   -13.60   0.000    -.2252213   -.1684917
       bin17 |  -.2057669   .0139353   -14.77   0.000    -.2330804   -.1784535
       bin18 |  -.2270786   .0141095   -16.09   0.000    -.2547336   -.1994236
       bin19 |  -.2227482   .0139486   -15.97   0.000    -.2500878   -.1954086
       bin20 |  -.2285798   .0142047   -16.09   0.000    -.2564214   -.2007383
       bin21 |  -.2480709    .013853   -17.91   0.000    -.2752231   -.2209186
       bin22 |  -.2516217   .0140503   -17.91   0.000    -.2791606   -.2240829
       bin23 |  -.2443077   .0141303   -17.29   0.000    -.2720035   -.2166119
       bin24 |  -.2725036   .0142705   -19.10   0.000     -.300474   -.2445332
       bin25 |  -.2750938   .0135115   -20.36   0.000    -.3015767   -.2486109
       bin26 |  -.2812117   .0143509   -19.60   0.000    -.3093398   -.2530835
       bin27 |  -.2635873   .0141127   -18.68   0.000    -.2912485   -.2359261
       bin28 |  -.2807934   .0138186   -20.32   0.000    -.3078781   -.2537087
       bin29 |  -.2823054   .0138764   -20.34   0.000    -.3095034   -.2551073
       bin30 |  -.2904758   .0144752   -20.07   0.000    -.3188475   -.2621041
       bin31 |  -.2995612   .0138952   -21.56   0.000    -.3267962   -.2723263
       bin32 |  -.2897904    .013977   -20.73   0.000    -.3171857   -.2623951
       bin33 |  -.3046582   .0140287   -21.72   0.000    -.3321547   -.2771616
       bin34 |  -.2969194    .014421   -20.59   0.000    -.3251849   -.2686539
       bin35 |   -.301635   .0143181   -21.07   0.000    -.3296987   -.2735712
       bin36 |  -.3070223   .0141935   -21.63   0.000    -.3348418   -.2792027
       bin37 |  -.3051542   .0142443   -21.42   0.000    -.3330734   -.2772351
       bin38 |  -.2998232   .0146572   -20.46   0.000    -.3285516   -.2710948
       bin39 |  -.3083993   .0141483   -21.80   0.000    -.3361304   -.2806683
       bin40 |  -.2999399   .0144663   -20.73   0.000    -.3282942   -.2715857
       bin41 |  -.3100836    .014415   -21.51   0.000    -.3383373   -.2818299
       bin42 |  -.3069146   .0145522   -21.09   0.000    -.3354373   -.2783919
       bin43 |  -.3113016   .0146068   -21.31   0.000    -.3399311    -.282672
       bin44 |  -.2852768   .0145983   -19.54   0.000    -.3138898   -.2566638
       bin45 |  -.2947316   .0143734   -20.51   0.000    -.3229037   -.2665595
       bin46 |   -.317144   .0148537   -21.35   0.000    -.3462575   -.2880304
       bin47 |  -.3094031   .0147469   -20.98   0.000    -.3383073   -.2804988
       bin48 |  -.3217001   .0148827   -21.62   0.000    -.3508706   -.2925296
       bin49 |  -.2980192    .014371   -20.74   0.000    -.3261866   -.2698518
       bin50 |  -.2936788   .0149146   -19.69   0.000    -.3229119   -.2644458
       bin51 |  -.3014548   .0146765   -20.54   0.000    -.3302211   -.2726885
       bin52 |  -.3179952   .0148336   -21.44   0.000    -.3470694    -.288921
       bin53 |  -.3340571   .0150166   -22.25   0.000      -.36349   -.3046243
       bin54 |  -.3212453   .0149375   -21.51   0.000    -.3505231   -.2919674
       bin55 |  -.3278425   .0147948   -22.16   0.000    -.3568406   -.2988444
       bin56 |  -.3400641   .0149441   -22.76   0.000    -.3693549   -.3107733
       bin57 |  -.3474888   .0149313   -23.27   0.000    -.3767546   -.3182231
       bin58 |  -.3389765   .0153765   -22.05   0.000    -.3691149   -.3088381
       bin59 |  -.3415972   .0149489   -22.85   0.000    -.3708974    -.312297
       bin60 |  -.3586935   .0152667   -23.50   0.000    -.3886165   -.3287705
       bin61 |  -.3758303   .0148493   -25.31   0.000    -.4049352   -.3467253
       bin62 |  -.3658376   .0150417   -24.32   0.000    -.3953197   -.3363556
       bin63 |  -.3800201   .0154485   -24.60   0.000    -.4102996   -.3497407
       bin64 |  -.3945031   .0149824   -26.33   0.000    -.4238689   -.3651374
       bin65 |  -.4056248   .0154092   -26.32   0.000    -.4358272   -.3754223
       bin66 |  -.4096563   .0153601   -26.67   0.000    -.4397625   -.3795501
       bin67 |  -.4145425   .0152281   -27.22   0.000    -.4443899   -.3846952
       bin68 |  -.4340426   .0157002   -27.65   0.000    -.4648155   -.4032698
       bin69 |  -.4300215   .0157248   -27.35   0.000    -.4608425   -.3992005
       bin70 |   -.449433   .0154615   -29.07   0.000     -.479738    -.419128
       bin71 |  -.4572117   .0162092   -28.21   0.000    -.4889821   -.4254413
       bin72 |    -.44851   .0157168   -28.54   0.000    -.4793153   -.4177048
       bin73 |  -.4545057    .015346   -29.62   0.000    -.4845843   -.4244271
       bin74 |  -.4617643   .0157052   -29.40   0.000    -.4925468   -.4309818
       bin75 |  -.4830236   .0157644   -30.64   0.000    -.5139221   -.4521251
       bin76 |  -.4706856   .0159752   -29.46   0.000    -.5019973   -.4393739
       bin77 |  -.5158018     .01547   -33.34   0.000    -.5461233   -.4854802
       bin78 |  -.4983186   .0158915   -31.36   0.000    -.5294664   -.4671709
       bin79 |  -.5188805   .0162217   -31.99   0.000    -.5506754   -.4870856
       bin80 |  -.5353156   .0156063   -34.30   0.000    -.5659044   -.5047269
       bin81 |  -.5319056   .0154417   -34.45   0.000    -.5621716   -.5016396
       bin82 |  -.5649377   .0154417   -36.59   0.000    -.5952039   -.5346715
       bin83 |  -.5590142   .0155521   -35.94   0.000    -.5894966   -.5285318
       bin84 |  -.5859435   .0161523   -36.28   0.000    -.6176024   -.5542845
       bin85 |  -.5748274   .0157683   -36.45   0.000    -.6057337   -.5439211
       bin86 |  -.5917714   .0159808   -37.03   0.000    -.6230941   -.5604486
       bin87 |   -.597233   .0153307   -38.96   0.000    -.6272814   -.5671845
       bin88 |  -.6155441   .0158716   -38.78   0.000    -.6466529   -.5844354
       bin89 |  -.5905495   .0154501   -38.22   0.000    -.6208321    -.560267
       bin90 |  -.6028813   .0155611   -38.74   0.000    -.6333814   -.5723812
       bin91 |  -.5976305   .0151313   -39.50   0.000    -.6272883   -.5679727
       bin92 |  -.5859862   .0155326   -37.73   0.000    -.6164305   -.5555418
       bin93 |  -.5117551   .0152887   -33.47   0.000    -.5417213   -.4817888
       bin94 |  -.4545736   .0150849   -30.13   0.000    -.4841404   -.4250068
       bin95 |  -.4169935   .0149001   -27.99   0.000    -.4461981   -.3877889
       bin96 |  -.4596491   .0146446   -31.39   0.000    -.4883529   -.4309452
       bin97 |  -.5147524   .0138898   -37.06   0.000    -.5419768   -.4875281
       bin98 |  -.5925763   .0142231   -41.66   0.000     -.620454   -.5646987
       bin99 |  -.6784515   .0148128   -45.80   0.000    -.7074849   -.6494182
      bin100 |  -.7043756   .0151621   -46.46   0.000    -.7340937   -.6746575
       _cons |   .2356335   .0126153    18.68   0.000     .2109071    .2603598
------------------------------------------------------------------------------
(est8 stored)

--------------------------------------------------------------------------------------------------
                 (1)        (2)        (3)        (4)        (5)        (6)        (7)        (8) 
                est1       est2       est3       est4       est5       est6       est7       est8 
--------------------------------------------------------------------------------------------------
diff           0.065a     0.075a     0.075a                0.065a     0.075a     0.075a           
             (0.001)    (0.002)    (0.001)               (0.001)    (0.002)    (0.001)            

age_ele1      -0.054a    -0.054a    -0.054a               -0.057a    -0.057a    -0.057a           
             (0.001)    (0.001)    (0.001)               (0.001)    (0.001)    (0.001)            

proba_po~d    -0.409a    -0.409a    -0.409a    -0.417a                                            
             (0.005)    (0.005)    (0.003)    (0.005)                                             

diff_ele1                -0.003a    -0.003a                          -0.003a    -0.003a           
                        (0.000)    (0.000)                          (0.000)    (0.000)            

diff_el~_1                                      0.000                                       0.000 
                                                  (.)                                         (.) 

diff_ele~2                                      0.069a                                      0.069a
                                              (0.001)                                     (0.001) 

diff_ele~3                                      0.064a                                      0.064a
                                              (0.001)                                     (0.001) 

diff_ele~4                                      0.060a                                      0.060a
                                              (0.002)                                     (0.002) 

diff_ele~5                                      0.056a                                      0.056a
                                              (0.002)                                     (0.002) 

diff_ele~6                                      0.059a                                      0.059a
                                              (0.002)                                     (0.002) 

diff_ele~7                                      0.055a                                      0.055a
                                              (0.003)                                     (0.003) 

diff_ele~8                                      0.051a                                      0.051a
                                              (0.004)                                     (0.004) 

diff_ele~9                                      0.054a                                      0.054a
                                              (0.007)                                     (0.007) 

diff_el~10                                      0.000                                       0.000 
                                                  (.)                                         (.) 

ele1_1                                          0.000                                       0.000 
                                                  (.)                                         (.) 

ele1_2                                          0.271a                                      0.292a
                                              (0.007)                                     (0.007) 

ele1_3                                          0.103a                                      0.120a
                                              (0.007)                                     (0.007) 

ele1_4                                          0.067a                                      0.081a
                                              (0.007)                                     (0.007) 

ele1_5                                          0.038a                                      0.049a
                                              (0.007)                                     (0.007) 

ele1_6                                          0.025a                                      0.032a
                                              (0.008)                                     (0.008) 

ele1_7                                          0.022b                                      0.026a
                                              (0.009)                                     (0.009) 

ele1_8                                          0.000                                       0.000 
                                                  (.)                                         (.) 

ele1_9                                          0.012                                       0.007 
                                              (0.013)                                     (0.013) 

ele1_10                                         0.000                                       0.000 
                                                  (.)                                         (.) 
--------------------------------------------------------------------------------------------------
N            1501766    1501766    1501766    1501766    1501766    1501766    1501766    1501766 
R-sq           0.049      0.049      0.049      0.051      0.052      0.052      0.052      0.054 
--------------------------------------------------------------------------------------------------
Standard errors in parentheses
c p<0.1, b p<0.05, a p<0.01

{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{8}{c}}
\hline\hline
                    &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}&\multicolumn{1}{c}{(6)}&\multicolumn{1}{c}{(7)}&\multicolumn{1}{c}{(8)}\\
                    &\multicolumn{1}{c}{est1}&\multicolumn{1}{c}{est2}&\multicolumn{1}{c}{est3}&\multicolumn{1}{c}{est4}&\multicolumn{1}{c}{est5}&\multicolumn{1}{c}{est6}&\multicolumn{1}{c}{est7}&\multicolumn{1}{c}{est8}\\
\hline
$\widehat{a}\_{ijkt}-\varepsilon^q\_{ijk,t-1}$&       0.065{$^a$}&       0.075{$^a$}&       0.075{$^a$}&                  &       0.065{$^a$}&       0.075{$^a$}&       0.075{$^a$}&                  \\
                    &     (0.001)      &     (0.002)      &     (0.001)      &                  &     (0.001)      &     (0.002)      &     (0.001)      &                  \\
[1em]
Age$ \_{ijkt}$       &      -0.054{$^a$}&      -0.054{$^a$}&      -0.054{$^a$}&                  &      -0.057{$^a$}&      -0.057{$^a$}&      -0.057{$^a$}&                  \\
                    &     (0.001)      &     (0.001)      &     (0.001)      &                  &     (0.001)      &     (0.001)      &     (0.001)      &                  \\
[1em]
Xb + d[ikt jkt]     &      -0.409{$^a$}&      -0.409{$^a$}&      -0.409{$^a$}&      -0.417{$^a$}&                  &                  &                  &                  \\
                    &     (0.005)      &     (0.005)      &     (0.003)      &     (0.005)      &                  &                  &                  &                  \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}$&                  &      -0.003{$^a$}&      -0.003{$^a$}&                  &                  &      -0.003{$^a$}&      -0.003{$^a$}&                  \\
                    &                  &     (0.000)      &     (0.000)      &                  &                  &     (0.000)      &     (0.000)      &                  \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=1$&                  &                  &                  &       0.000      &                  &                  &                  &       0.000      \\
                    &                  &                  &                  &         (.)      &                  &                  &                  &         (.)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=2$&                  &                  &                  &       0.069{$^a$}&                  &                  &                  &       0.069{$^a$}\\
                    &                  &                  &                  &     (0.001)      &                  &                  &                  &     (0.001)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=3$&                  &                  &                  &       0.064{$^a$}&                  &                  &                  &       0.064{$^a$}\\
                    &                  &                  &                  &     (0.001)      &                  &                  &                  &     (0.001)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=4$&                  &                  &                  &       0.060{$^a$}&                  &                  &                  &       0.060{$^a$}\\
                    &                  &                  &                  &     (0.002)      &                  &                  &                  &     (0.002)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=5$&                  &                  &                  &       0.056{$^a$}&                  &                  &                  &       0.056{$^a$}\\
                    &                  &                  &                  &     (0.002)      &                  &                  &                  &     (0.002)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=6$&                  &                  &                  &       0.059{$^a$}&                  &                  &                  &       0.059{$^a$}\\
                    &                  &                  &                  &     (0.002)      &                  &                  &                  &     (0.002)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=7$&                  &                  &                  &       0.055{$^a$}&                  &                  &                  &       0.055{$^a$}\\
                    &                  &                  &                  &     (0.003)      &                  &                  &                  &     (0.003)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=8$&                  &                  &                  &       0.051{$^a$}&                  &                  &                  &       0.051{$^a$}\\
                    &                  &                  &                  &     (0.004)      &                  &                  &                  &     (0.004)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=9$&                  &                  &                  &       0.054{$^a$}&                  &                  &                  &       0.054{$^a$}\\
                    &                  &                  &                  &     (0.007)      &                  &                  &                  &     (0.007)      \\
[1em]
\hspace{1cm} $\times$ Age$ \_{ijkt}=10$&                  &                  &                  &       0.000      &                  &                  &                  &       0.000      \\
                    &                  &                  &                  &         (.)      &                  &                  &                  &         (.)      \\
[1em]
Age dummy, 1 years  &                  &                  &                  &       0.000      &                  &                  &                  &       0.000      \\
                    &                  &                  &                  &         (.)      &                  &                  &                  &         (.)      \\
[1em]
Age dummy, 2 years  &                  &                  &                  &       0.271{$^a$}&                  &                  &                  &       0.292{$^a$}\\
                    &                  &                  &                  &     (0.007)      &                  &                  &                  &     (0.007)      \\
[1em]
Age dummy, 3 years  &                  &                  &                  &       0.103{$^a$}&                  &                  &                  &       0.120{$^a$}\\
                    &                  &                  &                  &     (0.007)      &                  &                  &                  &     (0.007)      \\
[1em]
Age dummy, 4 years  &                  &                  &                  &       0.067{$^a$}&                  &                  &                  &       0.081{$^a$}\\
                    &                  &                  &                  &     (0.007)      &                  &                  &                  &     (0.007)      \\
[1em]
Age dummy, 5 years  &                  &                  &                  &       0.038{$^a$}&                  &                  &                  &       0.049{$^a$}\\
                    &                  &                  &                  &     (0.007)      &                  &                  &                  &     (0.007)      \\
[1em]
Age dummy, 6 years  &                  &                  &                  &       0.025{$^a$}&                  &                  &                  &       0.032{$^a$}\\
                    &                  &                  &                  &     (0.008)      &                  &                  &                  &     (0.008)      \\
[1em]
Age dummy, 7 years  &                  &                  &                  &       0.022{$^b$}&                  &                  &                  &       0.026{$^a$}\\
                    &                  &                  &                  &     (0.009)      &                  &                  &                  &     (0.009)      \\
[1em]
Age dummy, 8 years  &                  &                  &                  &       0.000      &                  &                  &                  &       0.000      \\
                    &                  &                  &                  &         (.)      &                  &                  &                  &         (.)      \\
[1em]
Age dummy, 9 years  &                  &                  &                  &       0.012      &                  &                  &                  &       0.007      \\
                    &                  &                  &                  &     (0.013)      &                  &                  &                  &     (0.013)      \\
[1em]
Age dummy, 10 years &                  &                  &                  &       0.000      &                  &                  &                  &       0.000      \\
                    &                  &                  &                  &         (.)      &                  &                  &                  &         (.)      \\
\hline
Observations        &     1501766      &     1501766      &     1501766      &     1501766      &     1501766      &     1501766      &     1501766      &     1501766      \\
\(R^{2}\)           &       0.049      &       0.049      &       0.049      &       0.051      &       0.052      &       0.052      &       0.052      &       0.054      \\
\hline\hline
\multicolumn{9}{l}{\footnotesize Standard errors in parentheses}\\
\multicolumn{9}{l}{\footnotesize {$^c$} p<0.1, {$^b$} p<0.05, {$^a$} p<0.01}\\
\end{tabular}
}

. 
. 
. log close
      name:  <unnamed>
       log:  D:\Vicard\VV\re\inprogress\BRV\results\Table5.log
  log type:  text
 closed on:  29 Sep 2017, 18:03:57
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